Three face charges in mortgage scam
By John Rebchook, Rocky Mountain News (Contact)
Published February 6, 2008 at 12:05 a.m.
Denver District Attorney Mitch Morrissey has charged three men accused of stealing thousands of dollars in a mortgage scam from an elderly woman who is now facing foreclosure.
The charges were filed last week; the defendants surrendered and were booked Monday and released on $50,000 bonds.
The three charged are Scott Steven Richardson, Thomas Sarantinos and Anthony Sarantinos.
Each has been charged with theft from an at-risk adult.
Richardson, through his company, Northglenn-based Absolute Lending Solutions, offered to refinance the woman's home to help lower her monthly payment, according to the district attorney's office.
Instead, Richardson allegedly refinanced the home to take out nearly $30,000 that he and the Sarantinoses split.
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